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The Foundation “Lyudmila Zhivkova – Banner of Peace” is a non-government organization, registered in public benefit.  It was established in 1999 in connection with the 20th anniversary of the creation of the International Movement “Banner of Peace”.

The Foundation is a continuer of the International Movement “Banner of Peace” and is the successor of Lyudmila Zhivkova’s ideas about “Unity, Creativity and Beauty” – a motto that contains high humane essence: care for children’s development and upbringing, discovering of child’s capabilities and encouraging of the creative growing of children.

The UN Convention on the Rights of the Child is the fundamental document, whose principles guide the Foundation and are contained in its basic principles and directions for work.

The Foundation welcomes wide international cooperation, continuity of world culture and civilization, but it also sets its task of aiding the preservation of national spiritual values and Bulgarian traditions.

The Foundation “Lyudmila Zhivkova – Banner of Peace” appeals for international unity in the name of children and for guaranteeing of peaceful future in a united Europe and a unified world.